Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow (FCF).

ACE Free Cash Flow Analysis

Free cash flow, a measure commonly used by analysts to assess a company's profitability, represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

The Free Cash Flow is calculated using a number of methods including using Operating Cash Flow. Following is the formula to calculate Free Cash Flow based on Operating Cash Flow.

Free Cash Flow = Operating Cash Flow - Capital Expenditures

Using above formula to calculate Free Cash Flow for Ascension Capital Limited (ACE), the free cash flow value is -90005.

All amounts in NZD

Operating Cash
Capital Expenditure
Free Cash Flow

Ascension Capital Limited has a negative free cash flow as per the latest annual Cash flow statement released by the company. Positive free cash flow is cruscial for the financial health of a company, which can be used to pay dividends, expand operations, and deleverage its balance sheet (i.e., reduce debt).

ACE Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Ascension Capital Limited (NZX:ACE).

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Net Income -171.17k -150.53k 14.93k -193k
Change To Netincome 360 -331 -331 -331
Change To Account Receivables 471 -742 4.37k 4.37k
Change To Liabilities 265 29.26k -69.4k 122k
Change To Operating Activities 80k 10k 10k 10k
Total Cash From Operating Activities -90k -112.14k -50.1k -71k
Net Borrowings 45k 45k 45k 40k
Total Cash From Financing Activities 45k 145.54k 145.54k 40k
Change In Cash -45.01k 33.41k 4.66k -31k